Seller's Agent in 2018
Mike Kalil
Watson Realty & Associates
(802) 342-8899
71 in this area
107 Total Sales
112 State St Rutland, VT 05701
Estimated Value: $94,000 - $229,922
23
Beds
9
Baths
8,000
Sq Ft
$21/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Forced Air Heating System
- Baseboard Heating
About This Home
As of May 20188 Units in 3 buildings on a nice lot with plenty of parking, 112 State is a 3 units, 116 is 3 units and 118 is 2 units , they 2 driveways between them and common parking, great rental history, owners have owned them for over 25 yeas, over the years they have been making improvements as needed , some of the new updates are , Roof , Siding , Windows and furnaces, Great return for your money , the net income is around $36,000 a year so at the $225K Cap Rate is 16% For more detailed information call Mike Kalil 802-342-8899 or email me mike_kalil@cbwatson.net
Last Agent to Sell the Property
Watson Realty & Associates License #081.0095645 Listed on: 10/16/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 0.38 Acre Lot
- Lot Sloped Up
Parking
- Gravel Driveway
Home Design
- Colonial Architecture
- Wood Frame Construction
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 9 Full Bathrooms
- 8,000 Sq Ft Home
- 2.5-Story Property
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- Forced Air Heating System
- Baseboard Heating
- Heating System Uses Gas
- Heating System Uses Oil
- 220 Volts
- 100 Amp Service
- Electric Water Heater
Community Details
Overview
- 8 Units
Building Details
- Operating Expense $31,760
- Gross Income $67,800
- Net Operating Income $36,040
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/03/2018 05/03/18 | Sold | $225,000 | 0.0% | $28 / Sq Ft |
| 02/23/2018 02/23/18 | Pending | -- | -- | -- |
| 10/16/2017 10/16/17 | For Sale | $225,000 | -- | $28 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | -- | $124,800 | $32,400 | $92,400 |
| 2023 | -- | $124,800 | $32,400 | $92,400 |
| 2022 | $4,309 | $124,800 | $32,400 | $92,400 |
| 2021 | $4,364 | $124,800 | $32,400 | $92,400 |
| 2020 | $4,325 | $124,800 | $32,400 | $92,400 |
| 2019 | $4,218 | $124,800 | $32,400 | $92,400 |
| 2018 | $4,224 | $124,800 | $32,400 | $92,400 |
| 2017 | $3,933 | $124,800 | $32,400 | $92,400 |
| 2016 | $3,920 | $124,800 | $32,400 | $92,400 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Kalil
Map
Source: PrimeMLS
MLS Number: 4664091
APN: 540-170-12881
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